Bank results suffer after May volatility

Matt Cameron
03 Aug 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A number of major equity derivatives dealers endured a torrid second quarter after volatility spiked in May. The second-quarter results of Bank of America Merrill Lynch (BAML) and Goldman Sachs, and first-quarter results of Nomura revealed large drops in net revenue for equities, with all three dealers citing severe moves in volatility as the primary cause.

The results back up widespread rumours that have been circulating among rival dealers since May, when equity markets were hit by a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]